Neogen Board approves stock buyback

CONTACT: Steve Quinlan, Vice President & CFO, 517/372-9200

LANSING, Mich., Oct. 10, 2018 — Neogen Corporation (NEOG) announced today that its Board of Directors has authorized the repurchase of up to three million shares of the company’s common stock. The shares will be purchased in the open market or in negotiated transactions. There can be no assurance that any particular amount of shares will be purchased. Shares repurchased under the program will be retired.

The Neogen Board also rescinded a continuing authorization for stock repurchase that had first been approved in 2008.